Note 8 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

	Carrying Value
(In thousands)	Level 1		Level 2		Level 3		Total
September 30, 2015
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	34,728	$	0	$	34,728
Agency CMO		0		10,345		0		10,345
Agency notes and bonds		0		16,792		0		16,792
Municipal obligations		0		32,740		0		32,740
Mutual funds		605		0		0		605
Total securities available for sale	$	605	$	94,605	$	0	$	95,210
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,302	$	1,302
Land		0		0		22		22
Construction		0		0		0		0
Commercial real estate		0		0		1,778		1,778
Commercial business		0		0		0		0
Home equity and second mortgage		0		0		130		130
Total impaired loans	$	0	$	0	$	3,232	$	3,232
Loans held for sale	$	0	$	324	$	0	$	324
Foreclosed real estate:
Residential real estate	$	0	$	0	$	36	$	36
Commercial real estate		0		0		480		480
Total foreclosed real estate	$	0	$	0	$	516	$	516
December 31, 2014
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	32,296	$	0	$	32,296
Agency CMO		0		14,385		0		14,385
Agency notes and bonds		0		18,120		0		18,120
Municipal obligations		0		33,342		0		33,342
Mutual funds		2,083		0		0		2,083
Total securities available for sale	$	2,083	$	98,143	$	0	$	100,226
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,364	$	1,364
Land		0		0		16		16
Construction		0		0		0		0
Commercial real estate		0		0		1,808		1,808
Commercial business		0		0		349		349
Home equity and second mortgage		0		0		151		151
Total impaired loans	$	0	$	0	$	3,688	$	3,688
Loans held for sale	$	0	$	1,608	$	0	$	1,608
Foreclosed real estate:
Residential real estate	$	0	$	0	$	78	$	78
Total foreclosed real estate	$	0	$	0	$	78	$	78

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Carrying		Fair		Fair Vale Measurements Using
(In thousands)	Value		Value		Level 1		Level 2		Level 3
September 30, 2015
Financial assets:
Cash and cash equivalents	$	24,411	$	24,411	$	24,411	$	0	$	0
Interest-bearing time deposits		11,635		11,766		0		11,766		0
Securities available for sale		95,210		95,210		605		94,605		0
Securities held to maturity		5		5		0		5		0
Loans held for sale		324		332		0		332		0
Loans, net		305,082		305,161		0		0		305,161
FHLB stock		1,550		1,550		0		1,550		0
Accrued interest receivable		1,523		1,523		0		1,523		0
Cost method investment (included in other assets)		711		711		0		711		0
Financial liabilities:
Deposits		402,586		402,255		0		0		402,255
Accrued interest payable		90		90		0		90		0
December 31, 2014:
Financial assets:
Cash and cash equivalents	$	33,243	$	33,243	$	33,243	$	0	$	0
Interest-bearing time deposits		8,270		8,370		0		8,370		0
Securities available for sale		100,226		100,226		2,083		98,143		0
Securities held to maturity		6		6		0		6		0
Loans held for sale		1,608		1,641		0		1,641		0
Loans, net		300,603		301,864		0		0		301,864
FHLB stock		2,241		2,241		0		2,241		0
Accrued interest receivable		1,580		1,580		0		1,580		0
Cost method investment (included in other assets)		711		711		0		711		0
Financial liabilities:
Deposits		412,636		412,282		0		0		412,282
Accrued interest payable		127		127		0		127		0